Nel and Korea Hydro & Nuclear Power Partner for Clean Hydrogen Development
Key Ideas
- Nel and Korea Hydro & Nuclear Power signed an MOU to combine alkaline electrolysis with nuclear power for hydrogen technology.
- KHNP has been researching 'pink hydrogen' powered by nuclear electricity and conducting a large-scale demonstration project.
- Nel stopped alkaline electrolyser production due to declining sales but sees nuclear power as a promising avenue for zero-carbon hydrogen.
- The partnership aims to explore global clean hydrogen markets and leverage each other's expertise for sustainable energy production.
Norwegian hydrogen company Nel and Korea Hydro & Nuclear Power (KHNP) have entered into a memorandum of understanding to explore the integration of Nel’s alkaline electrolysis technology with nuclear power. This partnership will capitalize on Nel’s experience in electrolysis and KHNP’s expertise in nuclear energy to advance hydrogen technology. KHNP has been actively investigating 'pink hydrogen,' a process that uses nuclear electricity for electrolytic hydrogen production. They are currently conducting a large demonstration project, marking significant progress in the development of clean hydrogen. Nel, on the other hand, recently halted alkaline electrolyser production due to market challenges, particularly in utilizing intermittent renewable energy sources effectively. However, with nuclear power, the companies see a viable solution for generating zero-carbon hydrogen using a more established electrolysis technology. The collaboration aims to not only tackle clean hydrogen production challenges but also to tap into international markets for sustainable energy solutions. By combining forces, Nel and KHNP are poised to make substantial contributions to the global hydrogen economy.